Monthly report · day-ahead marketElectricity prices in Germany, August 2024
In August 2024, electricity on the day-ahead market in Germany cost an average of €0.082/kWh (€82.05/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around €0.322/kWh.
That is 21% more than in July 2024.
The cheapest day was Sunday, 25 August 2024, averaging €0.022/kWh; the most expensive was Thursday, 29 August 2024 at €0.113/kWh.
The lowest price came on 11 August 2024 at 13:00 (-€0.060/kWh), the highest on 29 August 2024 at 20:00 (€0.289/kWh). In total, prices were below zero for 68 hours.
On an average day, the cheapest three hours were 12:00–15:00. Weekends were on average 29% cheaper than weekdays.
Compared with
- Previous month (July 2024)
- €0.068 ▲
- Weekdays
- €0.090
- Weekends
- €0.064
Wholesale price · /kWh
Price by day
Daily wholesale average; the line marks the monthly average.
/kWh
The average day
Average wholesale price for each hour of the day this month.
/kWh · 12:00–15:00
All days
| Day | Average | Lowest | Highest | Hours < 0 | Final (est.) |
|---|---|---|---|---|---|
| 1 Aug Thursday | €0.095 | €0.060 13:00 | €0.138 20:00 | – | €0.337 |
| 2 Aug Friday | €0.094 | €0.051 15:00 | €0.146 20:00 | – | €0.336 |
| 3 Aug Saturday | €0.075 | €0.004 14:00 | €0.137 21:00 | – | €0.314 |
| 4 Aug Sunday | €0.062 | -€0.002 14:00 | €0.125 21:00 | 3 | €0.298 |
| 5 Aug Monday | €0.100 | €0.036 14:00 | €0.250 20:00 | – | €0.343 |
| 6 Aug Tuesday | €0.087 | €0.003 13:00 | €0.231 20:00 | – | €0.328 |
| 7 Aug Wednesday | €0.093 | €0.035 13:00 | €0.149 20:00 | – | €0.335 |
| 8 Aug Thursday | €0.093 | €0.032 14:00 | €0.197 20:00 | – | €0.335 |
| 9 Aug Friday | €0.053 | -€0.001 14:00 | €0.125 20:00 | 5 | €0.287 |
| 10 Aug Saturday | €0.050 | -€0.041 13:00 | €0.133 21:00 | 7 | €0.283 |
| 11 Aug Sunday | €0.055 | -€0.060 13:00 | €0.137 20:00 | 7 | €0.289 |
| 12 Aug Monday | €0.092 | €0.007 13:00 | €0.225 20:00 | – | €0.334 |
| 13 Aug Tuesday | €0.100 | €0.040 13:00 | €0.205 20:00 | – | €0.343 |
| 14 Aug Wednesday | €0.108 | €0.073 12:00 | €0.219 20:00 | – | €0.353 |
| 15 Aug Thursday | €0.086 | €0.000 14:00 | €0.160 20:00 | 1 | €0.326 |
| 16 Aug Friday | €0.108 | €0.048 14:00 | €0.243 20:00 | – | €0.353 |
| 17 Aug Saturday | €0.093 | €0.039 14:00 | €0.149 20:00 | – | €0.335 |
| 18 Aug Sunday | €0.088 | €0.018 14:00 | €0.116 20:00 | – | €0.329 |
| 19 Aug Monday | €0.108 | €0.079 13:00 | €0.204 20:00 | – | €0.353 |
| 20 Aug Tuesday | €0.092 | €0.018 13:00 | €0.159 19:00 | – | €0.334 |
| 21 Aug Wednesday | €0.053 | -€0.021 14:00 | €0.140 20:00 | 6 | €0.287 |
| 22 Aug Thursday | €0.063 | -€0.004 15:00 | €0.129 07:00 | 5 | €0.299 |
| 23 Aug Friday | €0.039 | -€0.017 14:00 | €0.123 21:00 | 8 | €0.271 |
| 24 Aug Saturday | €0.050 | -€0.044 14:00 | €0.110 00:00 | 8 | €0.283 |
| 25 Aug Sunday | €0.022 | -€0.020 13:00 | €0.119 20:00 | 16 | €0.250 |
| 26 Aug Monday | €0.100 | €0.018 13:00 | €0.231 20:00 | – | €0.343 |
| 27 Aug Tuesday | €0.091 | €0.001 13:00 | €0.232 19:00 | – | €0.332 |
| 28 Aug Wednesday | €0.096 | €0.008 14:00 | €0.204 20:00 | – | €0.338 |
| 29 Aug Thursday | €0.113 | €0.045 13:00 | €0.289 20:00 | – | €0.358 |
| 30 Aug Friday | €0.107 | €0.079 14:00 | €0.156 19:00 | – | €0.351 |
| 31 Aug Saturday | €0.079 | -€0.001 14:00 | €0.148 19:00 | 2 | €0.318 |
/kWh · Today · Methodology